Thursday, January 26, 2012

Power Investing- Great Buy- Chambal Fertilizers

Chambal Fertilizers (Close 83.25) is one stock you can BUY. The stock is likely to show a good rally in the coming days.
Delivery -Buy with stop loss @ 70 on closing basis. Targets - 95/97/105/110/113/Higher
Futures (Lot size-2000) - Close - 83.20. Go long with Stop loss @ 80. Targets - 86/88/90/92/95/Higher.
Options (Lot size 2000)- Buy Feb 90 Call around Rs. 2. Target - 5/6/7
This stock has shown a bullish breakout and will rally upwards soon.

4 comments:

  1. Today's close-
    NSE 83.45, up 0.24%
    BSE 83.30, up 0.54%

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  2. Today's Close
    NSE 83, down Rs. 0.30/-0.36%
    Day2 - negative

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  3. Exit long positions immediately, early tomorrow morning.

    ReplyDelete
  4. Delivery -
    Current strong support @ 87/86/84. 81 remains the rock bottom level for the near term. Hold long positions in delivery with near term targets of 92/97/101/105

    ReplyDelete